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countries have transformed, reform, lower the rates. we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would
that divided government sometimes has done very important things for the country. think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward. and we look forward to being a part of the solution to these significant problems. it's my plesh shoe now to turn to our newly elected whip, senator john cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip. the assistant leader on the republican side. as leader mcconnell said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame d
of the money here, but to be the big problems have been the trade agreements, starting with ronald reagan, the outsourcing of our jobs. there are a lot of people trying to live and $10 an hour while they are getting social security, medicare, taking out of their money, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving around the chairs on the titanic, but what really needs to be done is we need to repeal the trade agreement, look at taxing goods from china, and we need to get jobs back into this country, manufacturing jobs with wages people can live on and pressure for wages to go up. right now, the pressure is for wages to go down. you are fighting over what is less of the money coming in. host: let's go to the congressman. guest: this is an important issue that was fought over in the campaign. we need to support manufa
Search Results 0 to 2 of about 3

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